Sempra Energy (SRE)
Number of days of payables
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payables turnover | 1.28 | 1.24 | 1.47 | 1.22 | 1.26 | 1.29 | 1.51 | 1.74 | 1.43 | 1.62 | 1.72 | 1.63 | 1.59 | 1.84 | 1.61 | 1.91 | 1.60 | 2.02 | 1.89 | 1.96 | |
| Number of days of payables | days | 284.59 | 294.33 | 248.07 | 299.39 | 289.98 | 282.41 | 241.69 | 209.23 | 255.44 | 225.13 | 212.33 | 223.27 | 230.20 | 198.73 | 226.48 | 190.93 | 228.81 | 180.42 | 193.29 | 186.46 |
December 31, 2023 calculation
Number of days of payables = 365 ÷ Payables turnover
= 365 ÷ 1.28
= 284.59
The number of days of payables for Sempra has shown some fluctuations over the past eight quarters, ranging from 128.66 days to 191.46 days. In Q4 2023, the number of days of payables was 191.46 days, which indicates that the company takes approximately 191 days to pay its outstanding payables on average. This represents an increase from the previous quarter, where it was 172.31 days.
The trend over the recent quarters suggests that the number of days of payables has been volatile, with periods of both increases and decreases. This could be indicative of changes in the company's payment practices or its ability to manage its payables efficiently.
A higher number of days of payables may suggest that Sempra is taking longer to pay its suppliers, potentially indicating liquidity or cash flow issues. Conversely, a lower number of days of payables may signal that the company is managing its working capital effectively.
It is important to compare the number of days of payables to industry benchmarks and historical data to gain a better understanding of Sempra's performance in managing its payables effectively. Further analysis of the company's financial statements and overall financial health would provide a more comprehensive assessment of its payables management.
Peer comparison
Dec 31, 2023